Micron (MU) shares have had a monster rally heading into the memory chip specialist’s fiscal Q3 earnings scheduled for Jun. 24 after market close. Consensus is for MU’s revenue to nearly quadruple on a year-over-year basis in the third quarter to about $35 billion on a 10x increase in per-share earnings (EPS) to $19.72. Simply
Meta Platforms is facing fresh regulatory pressure in Europe as the European Union prepares to escalate its investigation into whether Facebook and Instagram use design features that are addictive to children. The developments place Meta at the centre of two major stories at once. In Europe, the company is facing closer scrutiny over the impact
Amazon has announced that it has become water positive in India, achieving a key sustainability target ahead of schedule as scrutiny grows over the environmental impact of expanding data centre infrastructure worldwide. The company said it now returns more water to communities than it uses across its direct operations in India, including corporate offices, fulfilment
Celestica stock price has slumped in the past few weeks, falling from the all-time high of $655 in June to the current $524. This retreat continued today, even after the company announced a $300 million investment in Texas. So, is it safe to buy the dip? Celestica announces a major US investment Celestica, a top
SpaceX stock price continued its strong rally on Monday, helped by the resilient demand from investors. SPCX jumped to a high of $192, up sharply from the IPO price of $135. Still, there is a risk that the stock will follow the same path as Circle (CRCL), Figma (FIG), and Klarna (KLAR) did after their
Salesforce stock continues its strong downward trend this year, and is now hovering near its lowest level since 2023. CRM has plunged by 55% from its all-time high, with its market capitalization falling from $346 billion to $134 billion, a $212 billion wipeout. Salesforce continues its growth through acquisitions The CRM stock price has plunged
Intel stock (INTC) tumbled more than 6% on Tuesday as a broad technology selloff swept through markets, interrupting one of the strongest rallies in the semiconductor sector this year. The decline came as investors appeared to reduce exposure to high-flying technology stocks ahead of the first Federal Reserve interest-rate decision under Chair Kevin Warsh. The
Intel stock (INTC) gained 4.5% in pre-market trading after the company announced that its next-generation Intel 18A-P manufacturing process has entered risk production. The development comes after shares closed 8.45% lower at $117.05 in the previous session and signals progress in Intel’s semiconductor manufacturing roadmap. The announcement was made at the 2026 VLSI Symposium, one
The UK’s competition regulator has introduced two new conduct requirements for Google’s search services, aiming to improve transparency, fairness, and consumer choice under the country’s digital markets competition regime. The Competition and Markets Authority announced that Google will be required to provide greater transparency around how search results are ranked and enable users to transfer
SpaceX stock (SPCX) fell sharply on Thursday, extending a pullback that has emerged after the stock’s explosive rally following its record-breaking initial public offering last week. Shares of Elon Musk’s space and artificial intelligence company dropped 5% in early trading as investors took profits after a rapid ascent that briefly made SpaceX one of the